Moorland, MI is a small town located in Michigan. It has a population of about 3,000 people and is known for its friendly atmosphere. The rent for a 2 bedroom apartment in the area is approximately $970, which is significantly lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Moorland is 94 compared to 100 nationally - suggesting that living costs are relatively low when compared to other parts of the country.
The town provides great opportunities for businesses such as the Moneray Jewelers shop, Morton's Electronics Store and P & A Auto Repair Services. All three of these companies are well established in the community and have served the residents of Moorland for over 20 years. In addition to this, there are several restaurants and cafes available throughout the town offering delicious food at reasonable prices. With all these factors considered, one can easily conclude that living in Moorland can be quite affordable indeed!
Moorland has an unemployment rate of 7.5%. The US average is 6.0%.
Moorland has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Moorland
- The Sales Tax Rate for Moorland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Moorland is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Moorland
- The average income of a Moorland resident is $19,378 a year. The US average is $28,555 a year.
- The Median household income of a Moorland resident is $65,476 a year. The US average is $69,021 a year.